SEC Delays XRP Spot ETF Decisions Until October 2025

Grayscale Investments and Canary Capital Group have recently filed proposals with the U.S. Securities and Exchange Commission (SEC) to launch spot XRP exchange-traded funds (ETFs), aiming to provide traditional investors regulated exposure to XRP without direct holding. These filings come after a favorable court ruling in the SEC v. Ripple case, which has improved regulatory clarity for XRP. However, the SEC has postponed decisions on these and other XRP ETF applications until October 2025, extending review periods to conduct more in-depth evaluations amid ongoing regulatory caution. Despite these delays, market reactions have been positive, with XRP prices rising and analysts forecasting substantial institutional inflows if approvals are granted. Experts like Nate Geraci remain optimistic, interpreting the delays as a sign that the regulatory framework is nearing completion and expecting approvals within the coming months. The SEC’s extended timeline reflects its cautious approach to protecting investors while navigating a rapidly evolving crypto regulatory landscape.